In theory, money that had to be loaned to a monarch, on the monarch's instruction. However, forced loans were often seen as an extra-parliamentary form of taxation.
Forced loans
Fact of the Day
Henry the Fowler, king of East Francia and founder of the Ottonian dynasty of German rulers, once traded a large part of Swabia (modern Switzerland and Alsace) for a spear.
Quote of the Day
"I never saw, heard, nor read, that the clergy were beloved in any nation where Christianity was the religion of the country. Nothing can render them popular, but some degree of persecution.
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~ Jonathan Swift
On This Day
38 BCE Octavian, soon to become Augustus, married Livia Drusilla,
395 Theodosius the Great died, leading to the permanent division of the Roman Empire into eastern and western empires.
1377 Pope Gregory XI arrived in Rome, officially ending the Avignon Papacy.
1562 The Edict of Saint-German was signed, allowing French Huguenots a degree of tolerance.
1648 Long Parliament passed the Vote of No Addresses, which broke off negotiations with King Charles I after the discovery that he was entering into an engagement with the Scots.
1746 Bonnie Prince Charlie won the Battle of Falkirk Muir, their last notable victory of the Jacobite uprising.
1912 Robert Falcon Scott and his team reached the South Pole, only to find a Norwegian expedition had beaten them to it.
1945 Raoul Wallenberg, who saved tens of thousands of Jews during the Holocaust, was captured by the Soviets. He was never seen again.
1945 The SS began the final evacuation of the Auschwitz-Birkenau concentration camp as the Soviets drew nearer. Thousands died on these 'death marches' towards the German interior.